You know the old saying, "There's no time like the present"? That statement has never been more true than it is today. As we have all heard on the news, interest rates are at a 40-year historical low! I know we all sit at home as we watch and think, wow, this really is a good time to buy, but sometimes we don't realize exactly how much a change in interest rate really effects us. To help you better understand I am going to break this down for you. Right now you can purchase a home in Bellaire Ridge for $350,000 with our HUGE incentives. See what this means to you as the interest rate fluctuates:
Past (6/2008): 6.5% interest rate and your monthly investment would be $392 higher than it is today. That is a $70,560 loss in purchasing power!
Present (Today): 4.625% interest rate!
Future: Now, you don't know what rates are going to do, but as you just saw 12 months ago they were 6.5%. Lets say hypothetically that they go up to 5.5%. Your monthly investment would be $178 higher than it would be today. That is a $32,040 loss in purchasing power.
So wouldn't you agree, that there is no time like the present?
Call me today to set up your appointment to take advantage of these incredible savings!
Julie James, Sales Counselor at Belliare Ridge in SW Fort Worth
Phone: 817.346.5685 or Email: jjames@ashtonwoodshomes.com
